Team Building - Hiring Talent

Fred Wilson venture capitalist and Co-Founder Union Square Ventures

“[Wilson’s] strong bias on [optimal headcount] [] is that less is more. [Repeatedly] [he’s] seen the entrepreneur who wants to hire quickly fail and [] the entrepreneur [who’s] [] slow to hire succeed.”

In his experience with software-based consumer internet businesses, “[] [success] might be most highly correlated with a slow hiring ramp [] [during a company’s early years.] Being resource constrained can be [good] when [] getting started. It forces [] [a] focus on what's working and get[ting] to the rest of the vision later on. []” His advice: “[] hire slowly and wisely instead of quickly.” Fred Wilson MBA Mondays: Optimal Headcount At Various Stages, Jun 4 2012; http://www.avc.com/a_vc/2012/06/mba-mondays-optimal-headcount-at-various-stages.html